ICS Announces Acquisition Of AKUITY Technologies
ICS, a portfolio company of ClearLight Partners and leading provider of Information Technology (IT) Managed Services in the Northeast, has acquired AKUITY Technologies (“AKUITY”), a provider of IT Managed Services in the greater New England area.
FOCUS Bankers, our M&A Worldwide Partner in the USA, advised AKUITY Technologies on this sale.
Headquartered in Auburn, MA, AKUITY was founded in 1988 and has grown by helping small-to-medium sized businesses throughout New England achieve success through greater returns on their technology investment. Along with managed IT services, AKUITY offers strategic planning, hardware and software procurement, and complete implementation services.
Kevin Blake, CEO of ICS, commented: “AKUITY is a terrific company that shares our mission of providing high quality IT services with first-class customer service. We are extremely impressed with AKUITY’s people and culture and are excited about our new partnership.”
“ICS has a clear vision for meeting client needs in the right way,” said Brian Hanify, AKUITY’s COO (Chief Operations Officer), who will continue to lead the division. “I’m excited about the resources and capabilities our combined company provides to clients, keeping them secure from threats and ahead of technological change while allowing them to focus on the business of their business.”
ClearLight Managing Partner Michael Kaye said, “We continue to be very happy with our partnership with Kevin Blake and ICS. We believe AKUITY and ICS are an excellent fit and we are excited to continue investing in the IT managed services space.”
ICS is a provider of IT Managed Services, cybersecurity, cloud migration and implementation services for small to medium-sized businesses. The company offers on-site and remote support to customers in the Northeastern US (United States), with an emphasis on cybersecurity, risk management and a remote workforce. ICS was founded in 1986 and is currently led by 20+ year industry veteran Kevin Blake.
For more information, please visit www.icscomplete.com
About ClearLight Partners
ClearLight Partners is a private equity firm in Southern California that invests in established, profitable middle-market companies with significant growth potential. Since its inception, ClearLight has raised $900 million in capital across three funds from a single limited partner. The team at ClearLight has extensive operating and financial experience and has a history of successfully partnering with owners and management teams to drive growth and create value.